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Gambling in Contests
Seel, Christian; Strack, Philipp - 2012
This paper presents a strategic model of risk-taking behavior in contests. Formally, we analyze an n-player winner …
Persistent link: https://www.econbiz.de/10010333764
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Gambling in contests
Seel, Christian; Strack, Philipp - 2012
This paper presents a strategic model of risk-taking behavior in contests. Formally, we analyze an n-player winner …
Persistent link: https://www.econbiz.de/10009571037
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Gambling in contests
Seel, Christian; Strack, Philipp - In: Journal of Economic Theory 148 (2013) 5, pp. 2033-2048
This paper presents a strategic model of risk-taking behavior in contests. Formally, we analyze an n-player winner …
Persistent link: https://www.econbiz.de/10010702849
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Gambling in contests
Seel, Christian; Strack, Philipp - In: Journal of economic theory 148 (2013) 5, pp. 2033-2048
Persistent link: https://www.econbiz.de/10010195552
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Equilibria existence in regular discontinuous games
de Castro, Luciano I. - 2008
Many conditions have been introduced to weaken the continuity re-quirements for equilibrium existence in games. We introduce a new con-dition, called regularity, that is simple and easy to verify. It is implied both by Reny's better-reply security and Simon and Zame's endogenous sharing rule...
Persistent link: https://www.econbiz.de/10010282886
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Contests with Rank-Order Spillovers
Baye, Michael R.; Kovenock, Dan; de Vries, Casper G. - 2009
-order contests with complete information, in which each player's strategy generates direct or indirect affine spillover effects that … economic environments, as well as in classic contests adapted to recent experimental and behavioral models where individuals …&D races, models of ligitation, and a host of other contests. …
Persistent link: https://www.econbiz.de/10010325768
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Efficiency Based Measures of Inequality
Andonie, Costel; Kuzmics, Christoph; Rogers, Brian W. - 2014
How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...
Persistent link: https://www.econbiz.de/10010427190
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Contests with rank-order spillovers
Baye, Michael R.; Kovenock, Daniel J.; Vries, Casper G. de - 2009 - Revised: April 2009
-order contests with complete information, in which each player's strategy generates direct or indirect affine spillover effects that … economic environments, as well as in classic contests adapted to recent experimental and behavioral models where individuals …&D races, models of ligitation, and a host of other contests. …
Persistent link: https://www.econbiz.de/10011378808
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Efficiency based measures of inequality
Andonie, Costel; Kuzmics, Christoph; Rogers, Brian W. - 2014 - Second version, November 5, 2014
How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...
Persistent link: https://www.econbiz.de/10010366144
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Stochastic Asymmetric Blotto Games: Theory and Experimental Evidence
Duffy, John; Matros, Alexander - Department of Economics, University of Pittsburgh - 2013
We study a 2-player Blotto game where the n items have asymmetric values. The winner of each item is determined stochastically using a lottery mechanism. We analyze two payoff objectives: (i) players maximize their total expected payoffs and (ii) players maximize their probability of winning a...
Persistent link: https://www.econbiz.de/10010878526